EUR/USD Open 1.3535 High 1.3621 Low 1.3455 Close 1.3547Along with other economic events, today UK and US GDP Q4 will be released at 9:30 and 13:30 GMT, which may bring volatility to the market. After couple of...
EUR/USD Open 1.3543 High 1.3621 Low 1.3451 Close 1.3540Our preferable scenario for the Euro/Dollar for now is bearish, as strikes in Europe continue, and investors’ mood for the fundamental situation in Europe remain negative. On the 3...
EUR/USD Open 1.3526 High 1.3691 Low 1.3500 Close 1.3507Euro/Dollar rose on Tuesday because of 25 bln bailout bundle for Greece rumors to 1.3691, from where it decreased down to 1.3500, closing the day at 1.3507. First support...
EUR/USD Open 1.3602 High 1.3653 Low 1.3575 Close 1.3596The downward channel of Euro/Dollar on the 3 hour chart is losing strength for the last 2 weeks because of the strong upward corrections, last one of which was...
EUR/USD Open 1.3626 High 1.3645 Low 1.3449 Close 1.3607Euro/Dollar continued decreasing after the FED hiked interest rates down to 0.75% last week. On Friday the currency dropped to 1.3456 bottom on the GDP data, from where is...
EURUSD’s downward movement extends further to as low as 1.3443 level. Further decline is still possible next week and next target would be at 1.3300-1.3400 area. However, next cycle bottom is nearing, a break above 1.3838 key...
EUR/USD Open 1.3468 High 1.3645 Low 1.3449 Close 1.3526The significant rise of Euro/Dollar at the beginning of this week is considered as correctional movement of the main bearish channel formed on the 3 hour chart. On Thursday...
EUR/USD Open 1.3610 High 1.3788 Low 1.3558 Close 1.3602After the significant rise at the beginning of the week, on Wednesday Euro/Dollar dropped significantly from 1.3788 to 1.3590 as FED favoured increase of interest rates, and Greece have...
EUR/USD Open 1.3596 High 1.3654 Low 1.3582 Close 1.3597Euro/Dollar started the week with low volatility because of the absence of economic events and the US President’s Day, trading within a small range, closing on Monday at 1.3597....
EURUSD remains in downtrend from 1.4579. As long as 1.3838 resistance holds, downtrend could be expected to continue and deeper decline to 1.3400 area to reach next cycle bottom on daily chart is possible next week. However,...